Directors

Robert L. Parker Jr.

Robert L. Parker Jr.

Chairman

Robert L. Parker Jr. is the chairman of the board of directors of Parker Drilling. As chairman, Mr. Parker brings a wealth of historical knowledge of the company, as well as strategic industry experience and serves as a valuable link between the board and the company’s management. Most recently, Mr. Parker was appointed as the interim president and chief executive officer of the company from March 2012 through September 2012 while the company’s board conducted an executive search for a permanent CEO.

Mr. Parker joined Parker in 1973 and has held a variety of roles during his tenure with the company including serving as chief executive officer from 1991 to 2009. He was appointed chairman of the board of directors in 2006. Earlier in his career, Mr. Parker was elected vice president in 1973, executive vice president in 1976 and president and chief operating officer in 1977.

Mr. Parker is on the board of directors of the University of Texas Development Board, the University of Texas Health Science Center (Houston) Development Board, Schreiner University-Kerrville, the International Association of Drilling Contractors, the American Petroleum Institute and the Greater Houston Partnership. In addition, he is also a member of the National Petroleum Council, National Association of Corporate Directors and the Association of Governing Boards of Universities and Colleges. Mr. Parker brings significant experience in the oil and gas service industry through his more than 40 years with the company, and his long-standing membership in the International Association of Drilling Contractors.

 

Gary G. Rich

Gary G. Rich

President & Chief Executive Officer

Gary G. Rich was elected president and chief executive officer on October 1, 2012. Mr. Rich also serves as a member of the company’s board of directors. An industry veteran with over 30 years of global technical, commercial and operations experience, Mr. Rich comes to Parker Drilling after a 25 year career with Baker Hughes Incorporated where he successfully managed several of the company’s businesses, regions and initiatives. Over his career he has held a progressive series of roles across a broad spectrum of focus areas including global sales and strategic marketing and business development; new technology, product and commercialization strategies; and operations, finance and business management.

Most recently, he served as vice president of global sales for Baker Hughes, and prior to this role, he served as president of that company's European operations. Previously, Mr. Rich was president of Hughes Christensen Company (HCC), a division of Baker Hughes primarily focused on the production and distribution of drilling bits for the petroleum industry.

Mr. Rich holds a B.S. in Accounting from Brigham Young University and an M.S. in Science and Technology Commercialization from the University of Texas.

 

Jonathan M. Clarkson

Jonathan M. Clarkson

Retired Chairman, Texas Capital Bank

Mr. Clarkson recently retired from the Houston Region of Texas Capital Bank, a subsidiary of Texas Capital Bancshares, Inc. where he served as chairman, president and chief executive officer from 2003 to 2011. From 1999 to 2002 he served as president and chief financial officer of Bargo Energy Company and its successor company Mission Resources Corporation. Earlier in his career, Mr. Clarkson served as executive vice president and chief financial officer for Ocean Energy Corporation and its predecessor company, United Meridian Corporation. He also held several senior management positions at InterFirst Corporation and its subsidiary First National Bank in Dallas, Texas. Mr. Clarkson currently serves on the Board of Memorial Production Partners LP, a domestic energy firm focused on the acquisition and exploitation of domestic oil and gas properties. He also serves on the Advisory Board of Rivington Capital Advisors, LLC, an independent investment banking firm specializing in private capital and mergers and acquisition transactions for the small and mid-cap energy sectors. Previously, Mr. Clarkson served on the board of Edge Petroleum Corporation where he chaired the audit committee and also served as a member of that board’s compensation committee.

 

George J. Donnelly

George J. Donnelly

Managing Partner, Lilo Ventures

Mr. Donnelly is a managing partner of Lilo Ventures, a venture capital firm, having held this position since 2001. He also serves as chairman of Global Suppliers, a minority-owned private company that provides equipment to the petroleum and chemical industry. He served as president and chief executive officer of the Houston Hispanic Chamber of Commerce during 2005 and 2006 and as president of the San Jacinto Museum of History from 2000 to 2002. Between 1988 and 2000, Mr. Donnelly served as vice president of Russell Reynolds Associates and as vice chairman of SpencerStuart Associates, both executive search firms. He began his career at Texaco Inc. in 1962 and served in various roles at Texaco Inc. and Gulf Oil Company until 1997, including vice president of the Worldwide Energy and Minerals Division, vice president of the Latin American division and head of the Washington, D.C. office. Mr. Donnelly serves on the board of directors of the Greater Houston Partnership (World Trade), the Center for Houston's Future, United Way of Greater Houston, KIPP Charter Schools, the Health Museum of Houston, the San Jacinto Monument and Museum and the Institute of International Education.

 

Robert W. Goldman

Robert W. Goldman

Financial Consultant

Mr. Goldman retired from Conoco Inc. in 2002 after 14 years of service, most recently as senior vice president - Finance and chief financial officer. Prior to that time, he was employed for 23 years by E. I. du Pont de Nemours & Co. in a variety of domestic and international finance and operating assignments. Since 2002 he has been self-employed as a financial consultant. From 2003 through 2008, Mr. Goldman served as the elected vice president-Finance of the World Petroleum Council. He is a member of the Financial Executives Institute and a member of the advisory board of Global Infrastructure Partners, a private equity fund investing in the global energy, transportation and water infrastructure sectors. He serves on the board of directors of El Paso Corporation, The Babcock & Wilcox Company Inc. and Tesoro Corporation, as well as the board of trustees of Kenyon College, Gambier, Ohio.

 

Gary R. King

Gary R. King

Chief Executive Officer, Dutco Natural Resources Investments Limited

Mr. King, age 53, was appointed to the Board of Directors in September 2008. He is the Chief Executive Officer of Dutco Natural Resources Investments Limited (DNR), a strategic investment firm focused on the resources sectors, including oil and gas, mining, metals, and renewables, a role he assumed in April 2012. DNR is a subsidiary of the Dutco Group of Companies, a multi-faceted conglomerate with operations in diverse fields from heavy civil engineering to five-star world class hospitality. Mr. King also serves as a Founder and Managing Partner of The Matrix Partnership, a strategic advisory firm based in Dubai, UAE. From June 2011 to December 2011, he was President of Natural Resources and Commodities at First Capital Switzerland Investment Bank in Dubai, UAE. From September 2008 through February 2009, Mr. King held the position as the founding Chief Executive Officer of Dubai Natural Resources World. Previously, he served as the first Chief Executive Officer of the Dubai Mercantile Exchange from 2005 until 2009. From 2001 to 2005, Mr. King served as Senior Vice President in the infrastructure funds and treasury and commodities groups in Macquarie Bank Ltd./Abu Dhabi Commercial Bank, Managing Director at Matrix Commodities DMCC and Regional Head - Energy Group and Specialized Funds Group in Dubai at Standard Bank London Ltd. From 1997 to 2001, he served in senior management roles at Emirates National Oil Company, Dragon Oil PLC and TransCanada International Petroleum. From 1994 to 1997, he served as Vice President — Commodities Trading Group for Morgan Stanley (Singapore). From 1983 to 1994, he served in a variety of roles within exploration and production and oil trading and supply at Neste Oy (national oil and energy company of Finland), after beginning his career as an exploration geologist in 1980. Mr. King is also a member of the Board of Directors of Kulczyk Oil Ventures and a member of TRACE International and the National Association of Corporate Directors.

 

Richard D. Paterson

Richard D. Paterson

Retired Managing Partner, PwC

Mr. Paterson, age 61, retired from PriceWaterhouseCoopers LLP (PwC), an international network of auditors, tax and business consultants, in 2011 after 37 years of service. At the time of his retirement, Mr. Paterson served as the global leader of PwC’s Consumer, Industrial Products and Services Practices comprising the automotive, consumer and retail, energy utilities and mining, industrial products, pharmaceutical and health industry sectors. These practices comprised roughly half of PwC’s global revenues. Mr. Paterson also served as managing partner of PwC’s Houston Office and U.S. Energy Practice. As part of this role, Mr. Paterson oversaw the audits of ExxonMobil Corporation from 2002 to 2006. Previous to this position, Mr. Paterson lived in Moscow, Russia where he led PwC’s Energy Practice for Europe, Middle East and Asia and also oversaw the audits processes of OAO Gazprom. Mr. Paterson joined PwC in 1974 and was admitted as a partner in 1987. Since his retirement, Mr. Paterson continues to provide consulting services to PwC firms and Partners internationally. He holds extensive knowledge of the energy industry and energy value chain and is a frequent speaker at the World Energy Congress and World Petroleum Congress. Mr. Paterson is a member of the National Association of Corporate Directors and serves on the board of Zaff Capital LLC, a private equity fund investing in emerging markets with a focus on the energy, infrastructure and real estate sectors. He is a past board member of the U.S./Russia Business Council and the U.S. Energy Association.

 

Roger B. Plank

Roger B. Plank

Retired President, Apache Corporation

Mr. Plank was appointed to the Board of Directors in May 2004. He retired from Apache Corporation in February 2014 after 32 years of service. Most recently, he served as President and Chief Corporate Officer of Apache Corporation. From 2009 to 2011 he served as President. He previously served as Executive Vice President and Chief Financial Officer since 2000 and Vice President and Chief Financial Officer since 1997. Mr. Plank previously served as Vice President of Planning and Corporate Development, Vice President of Corporate Communications and Vice President of External Affairs for Apache. He is also Chairman of Houston’s Alley Theatre.

 

R. Rudolph Reinfrank

R. Rudolph Reinfrank

Managing General Partner, Riverford Partners, LLC

R. Rudolph Reinfrank is the managing general partner of Riverford Partners LLC, a strategic advisory and investment firm based in Los Angeles. Riverford acts as an investor, board member and strategic advisor to growth companies and companies in transition. Prior to founding Riverford, Mr. Reinfrank was a co-founder and a managing general partner of Clarity Partners L.P. and a co-founder of Clarity China, L.P. He is a co-founder and a managing general partner of Rader Reinfrank & Co. Mr. Reinfrank is a director of Apollo Investment Corporation. Mr. Reinfrank meets the requirements of a Sarbanes-Oxley audit committee financial expert pursuant to item 407(d)(5)(ii) of Regulation S-K and he is FINRA licensed for Series 7, 62 and Series 63. Mr. Reinfrank is also a senior advisor to Pall Mall Capital, Limited (London), and Transnational Capital Corporation.

 

Peter C. Wallace

Peter C. Wallace

Mr. Wallace, age 59, most recently served as president and chief executive officer of Robbins & Myers, Inc., an international supplier of equipment and systems to the energy and chemicals sectors from 2004 to 2013, when the company was acquired by National Oilwell Varco. From 2001 to 2004, Mr. Wallace served as president and chief executive officer for IMI Norgren Group, a world leader in motion and fluid control technologies. From 1998 to 2001, Mr. Wallace served as president and chief operating officer for Rexnord Corporation, a division of Invensys, plc. Prior to 1998, Mr. Wallace served in various management and senior leadership roles throughout his 25 year career with Rexnord Corporation, a leading company in the design, manufacturing, and servicing of highly engineered mechanical components used in numerous industries and end markets. Mr. Wallace currently serves on the board of Applied Industrial Technologies, a leading North American distributor of industrial products and services. He also serves on the board of directors for Rogers Corporation, a technology leader in power electronics, advanced foams for cushioning and protective sealing, and high-frequency printed circuit materials, and is a member of that board’s Compensation and Organization Committee and the chairman of its Nominating and Governance Committee. Mr. Wallace holds an MBA from the University of Wisconsin and a Bachelor of Science in Mechanical Engineering from Cornell University.

 

OTHER

Robert L. Parker

Robert L. Parker

Chairman Emeritus

Mr. Parker joined Parker Drilling in 1947 and 10 years later purchased the company from his father, Gifford C. Parker, the founder of the company. Serving as president since 1954, Mr. Parker took the company public in 1969 and was elected chairman and chief executive officer. Since 2006, he has retained the position of chairman emeritus. Mr. Parker also serves on the board of directors of Clayton Williams Energy, is an advisory director of Bank of Oklahoma, Tulsa, and is the chairman of the U.S. - Kazakhstan Business Association board of directors. He was awarded the Gold Medal for Distinguished Achievement by the American Petroleum Institute in 1999, the Waggener-Griffin Award from Spindletop International in 2001, and the God and Country Award from Boy Scouts of America in 2001. In 2001 he was inducted into the Tulsa Hall of Fame by the Tulsa Historical Society. Mr. Parker holds a bachelor's degree from The University of Texas at Austin, where he is also a Distinguished Alumnus.